Member Info for Legalwolf

Back on the move. As I said, not much selling left at these lows, and the market will sense that HEX is about to enter a period of positive production newsflow. Recent IPO with a relatively small float entering what it often coined "the pre-production sweetspot" and which on average see triple digit gains when they get to this stage of development! Remarkable that HEX will be in production within 12 months of its IPO. If all goes well at Rudyard, with the resulting revenues and Bo's contacts, you can see HEX growing quite quickly into a mid tier Helium producer within another 12 months or so. Excellent opportunity at 13p.

Folks, why are we posting under the negative threads/titles created by the naysayers? For those of us who are very bullish and optimistic about OMI, let's get into the practice of posting under our own threads and leave the negative nellies to theirs?

I think it's great that we are cashed up now for what should be an exciting year on multiple fronts. Yes it would be great if management take part in this latest fundraise, but I don't see why their 'friends and family' should also benefit. I'm more interested to learn about the institutions that will be jumping on board.

Having all these large holders in OMI will result in much higher volumes of trading on both exchanges, and much more powerful moves on good news. So far if the institutions that have jumped on board are Canadian, there will be an interesting contest between LSE and TSX going forwards.

In what looks like it will be a bull run for gold stocks, this is all shaping up to be a really exciting 2025. We are ideally placed as an explorer with excellent projects to reap the full rewards. Forget production - the explorers usually make the biggest gains anyway - so we don't need to worry about production. Its our exploration success that will be the focus and will drive the share price growth.

If VC is correct that the Canadians have taken up their full allocation then this will have some strong buying in the coming days and week, esp also with a record gold price. Tremendous bargain at these levels.

I agree about £2. But also disagree that it's going to take that long to hit 25p. We hit 15p only last month. I personally think that "IF" we hit gold from this forthcoming drilling at PEPAS/PEPAS 2, we will get into the 20s, particularly with institutional buying. Factors against will be crappy market conditions, including for gold, and warrant overhang.

Well I hesitated thinking it might go lower and then ended up buying in the 13s. That's just how the cookie crumbles I guess.

Very intrigued to see who these might be, but obviously depends on how many and whether they cross the notification thresholds. Will Dynamic increase their stake - you would expect them to be involved in some capacity given the drilling results since their initial stake?

The longer it takes, the more likely a raise will be needed. By the time they re-enter Hussar, it will be a year to the last raise, and the drilling will have been delayed by 6 months. The RNS also refers to repair work to access roads and the air strip. You then have Hamilton in London for no reason, and usually when overseas Directors end up in London, a placing follows in the following months.

Hamilton has also stopped saying "fully funded" in 2025, unless I have missed it?

POG retesting its recent high. By the time we next report news, we are likely to have a gold price above 3000. With the rest of the market sectors struggling, the precious metals are likely to be one of the go to sectors as well.

Placing risk is one of the reasons that I would hesitate buying back in even at these lows. Plus you can never be sure with this lot that the reports will get submitted, until that's confirmed, or that there won't be another last minute 'glitch', which then sets it back another 3 months.

"It has already been determined the access roads into EP513 and the airstrip will require repairs following the heavy rains and flooding."

By the time they re-enter Hussar, it will be also be a year since the IPO and raise. I suspect GEX is going to tap the market for a raise. Wasn't Hamilton in London recently?

Cheapest quote I could get yesterday from the bell was 12.99, so fair play and well done to those who bought in the 12s.

But for the warrants and this raise, we would already have seen 20p or close to. It seems churlish and silly to mention 20p, when we actually hit 15p so early in 2025. I'm happy to stick my neck out and say that I'm expecting to see MUCH higher than 20p here. The strong interest in Canada and buying in from institutions will easily ensure we do so. We are still a micro cap but we have strong insti interest. They will be getting in at 9p. They aren't going to be interested in small trader size gains, but will be looking at multiples.

OBVIOUSLY, much will depend on results - it always does and we are a junior explorer after all and live and die by the drill bit - but IF we extend the strike at PEPAS, what do you think the market is going to do? These institutions, HNW and retail investors in at 9p. Do you think they will just sit there and clap from the sidelines? Of course not, they are going to buy big.

As BG said, we have multiple irons in the fire now, each of which is a company maker on its own. We are now cashed up to go after ALL of them. All investors need to do is to position themselves now and then sit back and watch it all unfold.

20p will be an anti climax, and is most certainly not the target we should be setting ourselves imho.

"Production from Rudyard is already 'expected' and won't be a surprise to the market. It should move the dial upwards but not a lot IMV."

Completely disagree that Rudyard is priced in or that it will only move the dial a little. That's just not how AIM works for starters. Once the dial moves, fomo will set in as it always does, and result in a significant move. I also don't think Rudyard is priced in at all. Rather, the market suspected that there might be a negative outcome at Clink - a few of us debated this possibility - and so the share price was unable to rally into Clink. Now it's out of the way, the share price needs to settle and then make its next move in anticipation of the next key operational event/stage.

I would expect demand to outstrip supply at these levels, as we are trading at the lows, and newsflow should be positive/carry less risk than before. This combination of low share price and production newsflow should more than move the dial imho.

All it will take is the first decent green candle as we approach this key production related newsflow. Obviously need to factor in market conditions though. All imo and dyor

We will likely be back above 10p in no time. Same as what happened with the last placing. We have insti loading up in Canada. We can look forward to more days when the TSX takes this up and London has to catch up. All good for shareholders imho.

I wouldn’t take much notice of him. He has a reputation for spreading FUD. Take a look at his posting history.

Big buys coming in already above placing price. This will likely trade above the placing price and incentivise the Canadians to take up the offering.

Explains the share price retracement of recent weeks. Great to get the raise out of the way as now we can just focus unhindered on the upcoming activities for 2025. I’d have preferred not to have warrants but ack that they will put extra cash in the kitty. Great to have institutions on board as they will support the share price on the way up. It’s also great to have extra liquidity on TSX. A really good buying opportunity has opened up again here. GLA

Bid now gone up, which shows lack of supply against demand at this level.

You are already up on those buys as it's now 10.35p on the Ask.

I've found that the advertised spread is often fake, and not just on OMI. Therefore, I always run dummy quotes to get a more accurate picture.

Wasn't replying to you BT, but an earlier post. 10p is a support level and good place to add, which is why buys came in on the dip below it on higher volume and Ask has gone up. Today's will very likely be the very best prices that anyone will get here for what will (hopefully) be the next leg up.